The Swedish Club reported a solid financial performance for 2025, supported by disciplined underwriting, risk management and capital management. This marks the third consecutive year of positive results, reflecting a consistent, long-term approach in an…
We’re pleased to share Gard’s Annual Report, highlighting a year of progress and delivery. We have the concluding insight in our Heavy Weather series and examine the implications of a proposed 60-day Jones Act waiver. Gard presents…
Update on Merger Discussions and Management Company Proposal Further to the announcement in November 2025 that the UK P&I Club and TT Club had entered into merger discussions, the Boards are pleased to confirm that those discussions…
The Norwegian Maritime Authority (NMA) has decided that, until further notice, Norwegian-flagged vessels will not be permitted to enter the Strait of Hormuz. For ships already operating in the area, the NMA will continue to…
The International Maritime Organization (IMO) will convene an Extraordinary Session of its Council, on 18–19 March, to examine the impact of recent developments in the Arabian Sea, Sea of Oman and the Gulf region on…
The Forum was organized under the support of the Shipping Deputy Ministry of Cyprus and the Shipping Deputy Minister to the President, in cooperation with the Cyprus Union of Shipowners, which also served as the…
With a new year comes new regulatory changes. For the maritime industry, this year’s changes focus heavily on operational safety, introducing more stringent standards for fire-fighting equipment, life-saving appliances, cargo securing, and winch operations. The…
Please note that the EU and UK have confirmed that effective from 23:01 GMT 31 January 2026 (UK) / 1 February 2026 (EU) the price cap for Russian crude oil will be lowered to US$…
This press release details the background to the IG’s GXL renewal rates for the 2026/27 policy year. Following a relatively benign Pool claims environment for the 2022/23 and 2023/4 policy years, the 2024/25 and 2025/26…
SINGAPORE/MOSCOW, Jan 26 (Reuters) - Russian fuel oil exports to Asia slowed in early 2026 as rising scrutiny due to tighter Western sanctions hampered trade while Ukrainian drone attacks on refining facilities in Russia reduced…
